ORLANDO, FL (July 20, 2018)– IZEA, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, has announced approval by the Board of Directors to change the company’s corporate name to “IZEA Worldwide, Inc.”, a change being pursued by the company in consideration of its pending acquisition of TapInfluence, Inc. The company intends to seek approval by NASDAQ and FINRA to fully effect the name change.
IZEA Worldwide, Inc. will continue as the parent corporation for the company’s North American subsidiaries, including Ebyline, Inc., and IZEA Canada, Inc. It will also become the parent corporation of TapInfluence, Inc. following expected completion of the short-form merger.
“As we continue to evaluate strategic industry consolidation opportunities, we have decided to change the name of our parent organization to reflect a broader outlook.” said Ted Murphy, Founder and CEO at IZEA. “We are excited by the continued growth of influencer and content marketing industries and believe that there is a universal demand for these services.”
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “plan,” “will,” “should,” or other comparable terms, are based largely on IZEA’s expectations and are subject to a number of risks and uncertainties, certain of which are beyond IZEA’s control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, competitive conditions in the content and social sponsorship segment in which IZEA operates, failure to popularize one or more of the marketplace platforms of IZEA and changing economic conditions that are less favorable than expected. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this respect will in fact occur.
